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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Strong Uptrend (+100) - CHFHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since Jun 14th, 2024 at 417.12984
The intermediate-term trend has been UP since Oct 2nd, 2024 at 426.62108
The short-term trend has been UP since Nov 19th, 2024 at 438.36500
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 436.40252 | 438.14080 | 435.57300 | 438.03670 | +1.63418 |
| Prev. Close | Volume | Bid | Ask | Time |
| 436.40252 | 2024-11-20 03:43:36 |